Articles | Compliance Week – Page 272

  • Article

    The pros and cons of using stock buybacks

    2016-08-09T13:30:00Z

    It’s become commonplace for public companies to use stock buybacks to distribute excess cash to shareholders. Tammy Whitehouse hears from accounting experts on accelerated stock repurchases—what pitfalls and unintended consequences companies should beware when structuring shareholder contracts.

  • Article

    SEC modifies administrative proceedings, but did it go far enough?

    2016-08-09T13:00:00Z

    The SEC views administrative proceedings as a streamlined, time-sensitive process that can adjudicate certain enforcement actions that would otherwise clog federal courts. Critics see an unfair process that stacks the deck in favor of the Commission. The big issue, writes Joe Mont, is whether new procedural changes can appease detractors.

  • Article

    Amid corruption scandals, compliance booms in Brazil

    2016-08-09T12:45:00Z

    It might seem that corruption scandals are one of Brazil’s leading exports this year, but amid renewed government anti-bribery enforcement efforts, the country’s compliance sector is growing by leaps and bounds. Rodrigo Amaral has more.

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    Article

    Mike Lamberth: Shepherding the future of compliance

    2016-08-09T12:00:00Z

    Mike Lamberth, managing vice president of compliance for Capital One Financial, was on the job as compliance programs first started to become ubiquitous. His vision for the profession: a continuing evolution that combines talents, keeps pace with regulatory change, realizes the positive disruption technology will bring, and does all this ...

  • Article

    Strength through diversity: Q&A with Maria Castañón Moats

    2016-08-02T15:15:00Z

    The former chief diversity officer for PwC is now the leader of the firm’s U.S. assurance practice. With her strong background and bright future, what does Maria Castañón Moats have in store? Tammy Whitehouse has the answers.

  • Article

    Canadian securities regulators disagree on whistleblower incentives

    2016-08-02T13:00:00Z

    Following the Securities and Exchange Commission’s lead, Canadian securities regulators have launched two very different whistleblower programs—one provides a bounty, the other does not—which creates new legal risks for companies. Jaclyn Jaeger reports.

  • Article

    Australia brings first criminal cartel prosecution

    2016-08-02T12:00:00Z

    As Australia gets serious about enforcing its antitrust regulations, multinationals operating in the country are learning the hard way that the line between being considered a monopoly and a criminal cartel is surprisingly thin. Jaclyn Jaeger has more.

  • Article

    Rise of the machines: how artificial intelligence could revolutionize compliance

    2016-08-02T11:15:00Z

    It may sound futuristic, but “thinking machines” are poised to revolutionize compliance. Artificial intelligence, proponents say, can take care of grunt work, freeing audit and compliance professionals to focus on matters that befit their skills. Advanced automation, however, says Joe Mont, isn’t without concerns and pitfalls.

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    Article

    Kami Niebank: Rising to the challenge

    2016-08-02T09:00:00Z

    Kami Niebank is CalPERS’ interim chief compliance officer and guides compliance efforts at the largest public pension fund in the United States. She is also overseeing an ambitious five-year compliance plan that will alternately refine and overhaul the entire compliance regime.

  • Article

    Second Circuit ruling gives legal backing to Yates Memo

    2016-07-26T14:45:00Z

    At last, compliance officers have a legal decision to cheer about: A recent court case affirmed the ability of companies to fire executives who refuse to cooperate with internal investigations. This gives compliance departments a serious boost in authority, reports Jaclyn Jaeger.

  • Article

    Workforce compliance in the gig economy

    2016-07-26T12:15:00Z

    Today’s organizations are using contingent workers on a greater scale than ever before. Known as a “gig economy,” this task-based approach to work has added benefits, such as being a cost saver, bringing unique skills to the workforce, and more, but it also means additional risk. This edition of the ...

  • Article

    This is not a game: Scenario planning can help protect your organization’s reputation

    2016-07-26T11:30:00Z

    With some 4,000 cyber-attacks occurring every day, compliance officers are looking for any solution to help protect their organization from cyber-risk. A method worth considering is wargaming: a simulation that provides a live example of what a cyber-attack might look like and illustrates what can be to better protect the ...

  • Article

    BAE Systems on what compliance needs to know about cyber risk

    2016-07-26T11:15:00Z

    As cyber risk continues to increase, companies need to step up their security skills when it comes to procurement, audit, compliance, and legal on a variety of fronts. And that is just the beginning, says Bill Sweeney, financial services evangelist at BAE Systems Applied Intelligence, in an exclusive interview with ...

  • Article

    Inside the quest for better corporate reporting

    2016-07-26T11:00:00Z

    Laura Phillips is in the trenches trying to help key capital market players understand why so many public companies sense a misalignment between how audits and managers deal with internal controls. Tammy Whitehouse gets the inside track.

  • Article

    Executives and investors form alliance to drive better governance

    2016-07-26T10:45:00Z

    In part an after-effect of say-on-pay rules, shareholders are finding corporate executives and their boards increasingly willing to improve upon their once confrontational relationship. Joe Mont reports.

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    Article

    Christopher Michaelson: A man of letters

    2016-07-26T10:15:00Z

    Bill Coffin catches up with Christopher Michaelson, who works as a professor of ethics and business, as well as a practicing business advisor. By keeping a foot in both the academic and practical worlds, Michaelson sees a path forward for ethics and compliance not just as a professional or as ...

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    Article

    EU-U.S. Privacy Shield passes: Now what?

    2016-07-26T09:15:00Z

    For any U.S. company that collects and handles data on EU citizens, the time to review privacy policies, practices and contracts with service providers and customers is now. Jaclyn Jaeger has more.

  • Article

    Compliance’s increasing role in preventing LGBT discrimination

    2016-07-19T15:15:00Z

    To prevent potential employee discrimination lawsuits, companies are crafting ever-more inclusive policies regarding sexual and gender identity. But this is a sensitive topic with many unresolved details. David Bogoslaw reports.

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    Article

    Chinese companies place dead last in corporate transparency report

    2016-07-19T14:15:00Z

    A recent report by corruption watchdog Transparency International on the corporate disclosure practices of emerging-market multinationals revealed significant deficiencies in the areas of anti-corruption practices, company structures, and country-by-country reporting. Indian companies scored highest overall, while many Chinese companies failed miserably. Jaclyn Jaeger reports.

  • Article

    Preparing for the new EU cyber-security directive

    2016-07-19T13:45:00Z

    The European Parliament has greenlit an EU-wide cyber-security initiative that will impose plenty of new compliance requirements on organizations across the board. But, queries Jaclyn Jaeger, will compliance officers feel these are helping protect their organizations, or just adding another layer of regulatory liability?